Are you working beyond 65? An increasing number of people are

Do we want to relax in retirement? A new survery suggests we don't and more of us are working beyond 65. Do we want to relax in retirement? A new survery suggests we don't and more of us are working beyond 65.

Friday, August 15, 2014
3:52 PM

An increasing number of people are working beyond state pension age as they take a gradual approach to retirement, according to a new report.

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Research among more than 1,000 over-60s found that working longer was becoming the “norm”.

Only around a third of those at state retirement age were not working at all, with many others working part-time or taking on consultancy or voluntary work.

Insurance firm LV= said it was clear from its study that many people were now taking a more gradual approach to retirement, slowly cutting back on their working hours rather than stopping altogether.

More than one in four of those working later in life were running their own business, while a third had switched careers.

One in six of those questioned said they had returned to work after retiring.

Richard Rowney, managing director of life and pensions at LV=, said: “For many people, working for longer is a positive choice. Many people in their sixties and seventies enjoy their jobs and are keen to remain active in later life.”

Are you working beyond 65? If so, why? Email annabelle.dickson@archant.co.uk.

9 comments

  • None of the political parties like pensioners. Labour virtually destroyed company pensions with their tax raids on pension funds, then increased the retirement age. Conservatives then decided to link pension increases to CPI instead of RPI, increased the minimum retirement age by 5 years and the state retirement age!

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    Citizen of EUSSR

    Monday, August 18, 2014

  • milecross, wakey wakey, don't be blinded by political parties, they are minorities with a vested interest to keep in power, desperate to demoralise each other and no good for any of us mere mortals. Default voting does not work either unless it is for truly Independent people. Choose your own and support him or her.

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    ingo wagenknecht

    Sunday, August 17, 2014

  • work till you drop to pay for thirteen years of labour goverment

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    milecross

    Sunday, August 17, 2014

  • Having worked 45 years in the woodworking industry l retired at 60 with health problems associated with wood dust. In the five years of retirement l think my health has improved and there are not enough hours in the day to do all the things I wanted to do when I was working.

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    mortfish

    Saturday, August 16, 2014

  • many people are still struggling because of thirteen years of wreckless labour goverment . Older people working past 65 is the legacy of the last labour goverment . It didnt help that while labour was in power three out of four new jobs created went to people from outside the uk

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    milecross

    Friday, August 15, 2014

  • What mugs, have they no hobbies? Sad really.

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    Vic Sponge

    Friday, August 15, 2014

  • How else could we possibly afford the spendthrift and wastage in local Government?

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    ingo wagenknecht

    Friday, August 15, 2014

  • Shame that this crazy law of having to keep employing old people means that youngsters are without jobs

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    Norfolk John

    Friday, August 15, 2014

  • I'm 40 and have been taking a "gradual approach to retirement" since the age of 16.

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    Mellow_Yellow

    Friday, August 15, 2014

The views expressed in the above comments do not necessarily reflect the views of this site

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